Retail credit card rates hit record high
Interest rates are continuing to climb just as the holiday shopping season is approaching, making it more costly for shoppers...
Economy
It’s looking like student-loan repayments won’t be such a big drag on the U.S. economy after all
It turns out that the much-feared resumption of student loan repayments isn’t exerting as negative an influence on the economy...
BoC likely done raising rates, to cut by mid-2024 say economists in Reuters poll
By Milounee Purohit BENGALURU (Reuters) - The Bank of Canada is probably done raising interest rates and will hold them...
UAW expands strike against Stellantis, targets largest plant
The United Auto Workers delivered another surprise attack Monday in the union's ongoing strike against Detroit's Big Three automakers, this...
Bank of Israel holds rates at 4.75% in first rate decision since Hamas attack
The Bank of Israel opted to hold interest rates at 4.75%, two weeks after the surprise attack by Hamas. The...
Bank of England’s Bailey Anticipates October Inflation Drop
Bank of England Governor Andrew Bailey, during his visit to Northern Ireland on Friday, projected a significant drop in UK's...
Inflation Drop Anticipated After Energy Price Spike
Bank of England's Governor, Andrew Bailey, expressed optimism for a significant decrease in inflation by October, following last year's sharp...
US home prices to see further rise despite high mortgage rates
James Egan, an analyst from Morgan Stanley, anticipates a continued upward trend in US home prices by the end of...
Fed’s Mester says Fed at or near peak for interest rate target
By Michael S. Derby NEW YORK (Reuters) - Federal Reserve Bank of Cleveland President Loretta Mester said on Friday her...
Australia says ‘not necessary’ to cancel Chinese firm’s lease on Darwin port
By Kirsty Needham SYDNEY (Reuters) -Australia said a security review of a 99-year lease held by Chinese company Landbridge on...
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